NOT LISTED FOR SALE

7418 Locust Ave Gary, IN 46403

Miller Neighborhood

Estimated Value: $363,000 - $565,000

3 Beds
3 Baths
2,696 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 7418 Locust Ave, Gary, IN 46403 and is currently estimated at $439,980, approximately $163 per square foot. 7418 Locust Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Wood Joyce B
Bought by
Wohn Richard
Current Estimated Value
$439,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$288,438
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$148,555
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wohn Richard $380,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wohn Richard $292,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $32,102 $370,700 $149,600 $221,100
2023 $2,610 $364,100 $194,000 $170,100
2021 $2,610 $199,900 $53,200 $146,700
2020 $2,550 $192,400 $53,200 $139,200
2019 $2,039 $188,500 $52,400 $136,100
2018 $1,745 $152,000 $42,700 $109,300
2017 $1,741 $154,100 $42,700 $111,400
2016 $1,679 $157,300 $40,600 $116,700
2014 $1,879 $153,500 $41,900 $111,600
2013 $1,744 $147,800 $41,900 $105,900
Source: Public Records

Map

Indiana Lake County Gary 46403 Miller

7418 Locust Ave, Gary, IN

This home is located at 7418 Locust Ave, Gary, IN 46403 and is currently estimated at $439,980, approximately $163 per square foot. 7418 Locust Ave is a home located in Lake County with nearby schools including Banneker Elementary at Marquette, Gary Middle School, and West Side Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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